Lending Companies in Cebu

You might not know it, but the city of Cebu in the Philippines has numerous lending companies that offer opportunities for growth and financial assistance. When you need extra cash, you’ll want to know the best lenders, right? The following companies have simple applications, competitive interest rates, and excellent customer service.

Company Loan Amount (PHP) Interest Rate Loan Term
Digido 1,000 – 25,000 From 0% to 11.9% Up to 30 days
MoneyCat 500 – 20,000 Up to 11.9% per month Up to 180 days
Kviku 500 – 25,000 1.2% per month Up to 180 days
Cashspace 1000 – 25,000 1.3% per month 2 – 4 months

LoanSolutions PH

LoanSolutions PH is one of the best lending companies in Cebu. This SEC-registered online platform has been around since 2014, serving over 150,00 Filipinos. It’s all done online and connects potential borrowers with more than 20 verified lenders, all without stepping into the store.

Whether you’re an entrepreneur seeking capital or in need of financial assistance, you can get a loan without a credit check. For this, they need quite a few documents, but it might be worth it if you need cash in a pinch.


This lender is sort of like a payday lender in that they have fast payouts and less stringent applications than others in the area. Use them for emergencies and if you have bad credit.

All you need to do is go to the store (the only branch is in Cebu), bring the documents, and their team will check your eligibility. The only downside is they do require collateral. They take all kinds of appliances, including laptops, watches, cars, cell phones, and real estate lots.

BDO Unibank

This SEC-registered bank has an extensive network of 1,459 branches and ATMs throughout the city. Their online platform lets you send money, amend payment options, pay bills, and even apply for loans in just a few clicks.

BDO offers auto, personal, and business loans to help you buy a car, build your dream home, or expand your business. BDO Unibank also has a lot of experience supporting countless people in the Philippines through corporate social responsibility programs that promote education, healthcare, and environmental conservation.

Top OFW Lending Companies in Cebu

OFW loans are specifically designed to meet the unique needs of Overseas Filipino Workers (OFWs), so they get the best support possible. These hardworking people need low-interest rates, flexible repayment terms, and efficient loan processing. Here are some of the best OFW lenders.

123 Finance Group PH

The OFW loan from 123 Finance Group is SEC-compliant for Filipinos working abroad. You can apply for an OFW loan with a co-signer to get more money. And you can do it in-store (they have 5 branches through the Phillipines) or online.

But what sets this lender apart from its competitors is its commitment to financial education. The company in Cebu has various resources and educational materials on its website, covering topics such as budgeting experience, saving, investing, and debt management.


Balikbayad is a leading lending company in Cebu that primarily serves overseas Filipino workers (OFWs). Their loan amount is up to 2x your salary, with competitive interest rates and no hidden fees.

There are no deductions from the amount you applied for, so you get the full sum you applied for. In terms of criteria, Balikbayad has fewer restrictions than other lenders. To apply for a loan and explore payment options, you can either complete the online pre-approval form or visit their branches in Cebu, Makati, or Ermit- Adriatico.


Accepting applications 24/7, Up Finance is a leading online financial institution that offers a fair amount of money. Unlike other lenders, they don’t limit their loans based on your monthly salary. Instead, they assess your financial situation and even consider co-signers to increase your amount.

They offer OFW personal loans that, while a little high on interest, are larger than other OFW lenders. The terms from Up Finance are longer than other companies, too, so you have more time to pay off what you borrow.

Lending Companies in Cebu With Low Interest

These companies not only offer competitive interest rates but also help you save money. By choosing lending companies with low interest, you get the money you need without straining your budget.

Esquire Financing

This SEC-registered company offers unsecured business loans to SMEs. With its non-collateral financing and customer-centric approach, each of its 5 branches has won many local awards for loan products and financial services.

They offer up to PHP 10 million with favorable terms, and the approval process takes just seven business days or less. Esquire Financing’s loan requirements are minimal, and the application process is straightforward.

Welcome Bank

Whether you’re looking to buy a new home, start a business, or get through a tough time, Welcome Bank has 6 branches that offer various types of loans, including loans for personal use, auto, and home loans.

This lender will be best for someone who doesn’t need fast cash and will appreciate the low interest. Welcome Bank charges 3% of the loan amount processing fee, and you’ll need to provide an extensive list of documents

Silver Finance

Silver Finance operates through 20 stores or online. They primarily cater to AFP (Armed Forces of the Philippines) and PVAO (Philippine Veterans Affairs Office) pensioners. They have low-interest pension loans with a focus on improving the quality of life.

Individual circumstances may dictate specific loan amounts and terms, but Silver Finance is known for its competitive loan products. Their flagship product, the Silver Loan, provides pensioners a reliable financing option. Once approved, you can ask for a renewal of the loan and even borrow again if needed.

FAQ on Lending Companies in Cebu

In the Philippines, including Cebu, private lending is a legitimate and regulated industry. People and businesses without access to traditional banking institutions can take advantage of this alternative financing option to secure funds.

Research loan products and choose one that you know you can afford. Gather proof of income documents, IDs, and collateral, if necessary. Then, fill out the application form and submit all documents at the lender’s office or website.

The city of Cebu has many different types of lending options geared toward short-term financial needs. Banks, non-banking financial institutions, and online lending platforms have three-month loan terms.

The largest financing company in Cebu is the Bank of the Philippine Islands (BPI). This bank has many financial services and products relating to personal banking to wealth management.

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